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International Monetary Fund

Location

District of Columbia

Founded

1947-02-28

Website

https://www.imf.org

Articles

1583 Articles

Category

Libraries

Description

The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards. To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies. The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries. Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics.

Articles

IMF  Staff Co-Publish Paper on Climate Alignment for the Financial Sector

2023-09-14 (imf.org)

IMF Staff Co-Publish Paper on Climate Alignment for the Financial Sector

Staff from the International Monetary Fund (IMF), World Bank, and the OECD have today published a new report to compare methods for ensuring financial sector activities work for, not against, the Paris Agreement.

Read more
World Bank, IMF offer relief on debts, digital transition, climate change | The Nation Newspaper

2023-09-09 (thenationonlineng.net)

World Bank, IMF offer relief on debts, digital transition, climate change | The Nation Newspaper

The World Bank and International Monetary Fund (IMF), have agreed to pull their respective resources together to help countries in addressing climate change,

Read more
Seychelles Pioneers Novel Financing Instruments and Taps IMF Climate Facility

2023-07-05 (imf.org)

Seychelles Pioneers Novel Financing Instruments and Taps IMF Climate Facility

A biodiversity hotspot, the country is pursuing an ambitious plan to finance its climate change agenda.

Read more
The IMF-World Bank Climate Policy Assessment Tool (CPAT): A Model to Help Countries Mitigate Climate Change

2023-06-23 (imf.org)

The IMF-World Bank Climate Policy Assessment Tool (CPAT): A Model to Help Countries Mitigate Climate Change

To stabilize the climate, global greenhouse gas emissions must be cut by 25 to 50 percent by 2030 compared to 2019. Such an unprecedented rate of decarbonization necessitates climate mitigation policies across countries, notably carbon pricing, fossil fuel subsidy reform, renewable subsidies,

Read more
IMF Executive Board Completes the First Reviews under the Extended Fund Facility and the Resilience and Sustainability Facility with Barbados

2023-06-22 (imf.org)

IMF Executive Board Completes the First Reviews under the Extended Fund Facility and the Resilience and Sustainability Facility with Barbados

Barbados is implementing an ambitious homegrown economic reform and climate policy agenda, aimed at strengthening fiscal sustainability, advancing structural reforms, unlocking the economy’s growth potential, increasing resilience to climate change, and greening the economy. These policies are

Read more
IMF Climate Capacity Development (CD) Partnership Forum—First Meeting

2023-05-04 (imf.org)

IMF Climate Capacity Development (CD) Partnership Forum—First Meeting

We deliver Climate Capacity Development not only from our headquarters in Washington, but also through our 17 Regional Capacity Development Centers, and our network of long-term experts in the field.

Read more
IMF Seminar: Climate Finance and Energy Security

2023-03-17 (imf.org)

IMF Seminar: Climate Finance and Energy Security

Overview The world needs to triple investment in clean energy to achieve the climate goals set at COP26. New concerns about energy security could drive efforts to close this daunting investment gap. Our panel will discuss clean energy finance in the geopolitical context. Does investment

Read more
IMF and the Sustainable Development Goals

2023-03-08 (imf.org)

IMF and the Sustainable Development Goals

Member countries of the United Nations (UN) adopted the Sustainable Development Goals (SDGs) in 2015 with full support from the IMF. These global development targets will guide the global development agenda through 2030. The SDGs replaced the Millennium Development Goals. The SDGs are broader in

Read more
Improving Access to Climate Finance

2023-02-02 (imf.org)

Improving Access to Climate Finance

Climate change, in my view, is likely to be one of the foremost macroeconomic, financial, and debt policy challenges that IMF members will face over the coming decades. Meeting this challenge will require an unprecedented and massive scaling up of global investments for climate adaptation and

Read more

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